HONG KONG (AP) — Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined.
It was a mixed day for the Aussie market as investors digest key data out of the US as well as the impact of the upcoming tariffs on global economies.
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Morgan's Scott Power said it had been a volatile week for global equity markets rattled by America's new proposed tariffs.
ASX dips after yesterday's rally, Amazon drops on a weak forecast, and Kalgoorlie triples after a big gold find.
Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies.
Asian markets are trending mostly higher on Thursday, drawing support from broadly positive cues on Wall Street overnight.
Global shares are trading mixed as markets mull the impact of tariffs being imposed by the United States and China.
The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
Consistent with its track record, we expect Soul Patts to increase dividends each year regardless of investment performance. Soul Patts has an appropriately conservative approach to the use of debt.
Asian shares climbed Tuesday after President Donald Trump said tariffs on Mexico and Canada would be delayed for a month.